2023-09-20 20:02:02
The removal of the penalty, a 10% discount which applies for three years to the supplementary pensions of many private sector employees, is almost complete, several unions argued on Wednesday, but the employers have not yet given their agreement. The social partners gathered for a third session of weekly negotiations, with a view to defining, by October 4, a new framework agreement on the steering rules and the level of pensions for Agirc-Arrco, the supplementary pensions for private sector employees, for the period 2023-2026.
“From December 1, there will no longer be” a 10% discount, said the CFDT negotiator, Yvan Ricordeau, at the end of this round of the meeting. The measure “has not been officially recorded today but there is no other hypothesis” on the table and “all the projections worked today include the end of the penalty”, he summarized. , a feeling shared by all the unions present.
This penalty, introduced in 2019 in a period of tight finances, aimed to encourage employees to work one more year (up to age 63) even though they met the legal conditions to leave at full rate. Otherwise, they saw their pension cut by 10% for three years. A bonus system applied for those working two to four additional years. But pension reform and the gradual shift in the legal age to 64 have made this penalty obsolete according to the unions, who make its removal a red line.
The cost of this elimination is estimated between 7.3 and 8.2 billion over fifteen years, depending on the number of people who would benefit from it. Medef “is not stubborn” on this, declared employers’ leader Diane Milleron, without commenting definitively. But “the primary objective is to secure the overall financial situation” and “each slider” must be seen as “a part of a whole”. The modalities remain to be refined: several unions are calling for elimination for all, including the approximately 700,000 retirees who have already left with the reduction, others prefer to restrict the measure to retirees affected by the reform, which came into force in September.
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